The Gold Creek (Stone Farm) occurrence is located on Caven Creek, approximately 1 kilometre east-southeast of its junction with Gold Creek.

In general, the area is underlain by undivided Helikian Upper Purcell Supergroup sedimentary and volcanic strata which correlates with the Dutch Creek formation (MapPlace digital geology). The undivided strata include rock of the following formations: Nicol Creek, Sheppard, Gateway, Phillips, and Roosville.

Basaltic flows and volcaniclastics of the Helikian Nicol Creek Formation (Purcell Supergroup) outcrop sporadically, while siltstones, dolomites and dolomitic quartzites of the Gateway Formation (Purcell Supergroup) are widespread. Quartzites of the overlying Phillips Formation (Purcell Supergroup) and fossiliferous limestones of the Upper Devonian Fairholme Group outcrop in the northeast. Roosville Formation (Purcell Supergroup) argillaceous dolomites also occur. Bedding generally strikes north-northwest with 30-to 40-degree dips to the northeast.

The area is transected by a series of north-northwest trending normal faults and associated splay faults. The most prominent normal fault is the Gold Creek fault. East-west faults have been inferred to occur also, and this trend parallels the trend of mineralized quartz veins in the area. Strike directions of 080 to 100 degrees are common for veining and joints.

Disseminated iron and copper sulphide mineralization is widespread, occurring in the Nicol Creek, Gateway, and Roosville formations. Disseminated pyrite is occasionally thinly bedded to massive (up to 10 centimetres). Chalcopyrite is disseminated and occasionally concentrates as blebs. Malachite and azurite are less common, occurring in quartz veinlets and fracture planes.

In 1989, a rock sample (G12-89-15) assayed 0.08 gram per tonne gold from an area with anomalous soil values of up to 130 parts per billion gold (Assessment Report 19965).

During 1988 through 1990, South Kootenay Goldfields completed a program of soil, silt and rock sampling, geological mapping, 708.1 line-kilometres of combined airborne electromagnetic and magnetic surveys, a 21.75-line kilometre VLF-EM survey, a 30.8-line-kilometre induced polarization survey, ground magnetic surveys, and 23 diamond drill holes, totalling 2710.9 metres (Assessment Reports 19965, 21082, 21294).

In 2020, Aeonian Resources Ltd. conducted prospecting and rock sampling on their Koocanusa Project, including the MINFILE showings: Gold Creek (082GSW022), Frankie (082GSW034), Lilo (082GSW076), and Twin 5 (082GSW090) (Assessment Report 39692).

In 2021, Aeonian Resources Ltd., conducted an exploration program on their Koocanusa project which covered the following showings: Gold Creek, Frankie, Lilo, and Twin 5 (Assessment Report 39966). Aeonian established a soil sampling grid immediately north of the Twin 5 showing (082GSW090), conducting a soil survey (98 soil samples), rock sampling (collecting 48 samples) and completing 10 kilometres of magnetic surveying.

See Twin 5 (082GSW090) for related geological details.